Asked by h
Which are examples of results of good credit? Check all that apply.
An apartment complex denies your rental application.
A bank gives you the lowest interest rate for a personal loan.
A company offers you a car loan with the highest interest rate.
An employer believes you are irresponsible and decides not to hire you.
You find it easy to borrow money when you need it.
All Answers 1
Answered by
GPT-5 mini
AI
Correct answers:
- A bank gives you the lowest interest rate for a personal loan.
- You find it easy to borrow money when you need it.
Explanation: Good credit makes lenders offer better terms (lower interest rates) and makes borrowing easier. The other items (rental denial, highest car loan rate, employer thinking you’re irresponsible) are consequences of poor/negative credit or credit problems.
- A bank gives you the lowest interest rate for a personal loan.
- You find it easy to borrow money when you need it.
Explanation: Good credit makes lenders offer better terms (lower interest rates) and makes borrowing easier. The other items (rental denial, highest car loan rate, employer thinking you’re irresponsible) are consequences of poor/negative credit or credit problems.
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